Msa Advisors, LLC is a large advisory firm based in Santa Monica. It manages $4.78 billion of regulatory assets for 112 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California and Texas.
Msa Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Msa Advisors, LLC is $4.78 billion. $200.87 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Msa Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to high net worth individuals, pooled investment vehicles, and state or municipal government entities. The largest group of clients of Paul David Wachter is high net worth individuals with 36 clients and $3.22 billion of assets under management. Among the 10 most similar advisory firms, Msa Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $4.78 billion for 94 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.
Msa Advisors also advises several private funds. Namely, fourteen real estate funds, seven other private funds, twenty four private equity funds, and nineteen venture capital funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000,000.
The company employs 14 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Paul David Wachter has been acting as President since 1 Feb 1997. Todd J Rosen joined the executive team most recently as the Chief Compliance Officer.
The principal office where Msa Advisors, LLC performs its advisory services is located at 3110 Main Street, Santa Monica, CA 90405, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 310-392-7607 or by fax 310-392-3541. The normal business hours are 8 am - 6:30 pm on Monday - Friday.